PrecisionHawk, Inc. has raised $75 million in an equity offering, according to a Monday filing with the Securities and Exchange Commission.

According to the filing, the drone and data company raised the money from 18 investors.

The money was raised in the form of equity.

PrecisionHawk provides drone and unmanned aerial vehicles remote sensing applications and data processing services in the agriculture, construction, mining and energy industries.

The Raleigh-based company raised around $30 million in prior funding, and plans to use this new funding to “build upon its lead” in the commercial drone space.

“PrecisionHawk provides a full enterprise solution stack,” PrecisionHawk CEO Michael Chasen said.

“From services, like strategy and custom development, to technology, like drone hardware, sensors and software, we provide end-to-end support for integrating aerial data and analytics into the enterprise,” he said. “End-to-end is important because the ability to provide a full custom solution is what differentiates PrecisionHawk from any other provider of commercial drone technology.”

The company said that it has made 100 new hires in 2017 and has clients in 150 countries.

Chasen is the co-founder and former CEO of educational software company Blackboard.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.